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Al Jazeera podcasts your president Donald Trump announcing that he is postponing quote any and
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all strikes targeting Iranian energy infrastructure for a five day period. He's been speaking in just
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a last few minutes saying that the United States has been holding talks with a quote respected
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Iranian leader and that there's been strong talks with Iran. We're dealing with the man who I
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believe is the most respected and the leader. You know, it's a little tough. They've wiped out,
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we wiped out everybody. No, not the Supreme Leader. We don't, well nobody's ever, nobody heard of
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the second Supreme Leader, the Sun. Nobody, we have not heard from the Sun. Everyone said
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well you'll see a statement made but we haven't. We don't know if he's living. We're looking for all
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of the things that we've been talking about. We want to see no nuclear bomb, no nuclear weapon,
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not even close to it, low key in the missiles. We want to see peace in the Middle East. We want
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the nuclear dust. We're going to want that and I think we're going to get that. We've agreed to
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that. Yeah, we're going to, we've agreed to that. You want the rich uranium before you can end this.
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We want no enrichment but we also want the rich uranium. If this happens, it's a great
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start for Iran to build itself back and it's everything that we want and it's also great for
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Israel and it's great for the other Middle Eastern countries. Saudi Arabia, UAE, Qatar,
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all of them, Kuwait and Bahrain in particular so it's great for all of them.
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Okay, let's have a look at the market reaction because that's certainly been quite something and
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we had US markets, Wall Street just kicking off the session. There we go. Down, up over 2% right now.
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Been actually losing ground at the late. We've also got of course, and the commodity is complex
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where the main action here is as well. Looking for instance, what's going on with Brent Crude
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down there to 100 bucks the barrel. It had fallen to 96. We are looking at WTI at 88 bucks,
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nine percent, nine and a half percent fall back there and looking also at gas futures, 14 percent
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to the downside. Oman's Foreign Minister, by the way, he says Muscat is working to secure
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safe passage arrangements through the state of Hormuz and as we've also been reporting,
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Iran did threaten early on Monday to lay naval mines through the Gulf. Should there be an attack
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on its islands or the southern coast reopening the state of Hormuz and allowing vessels to pass
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through the crucial waterway responsible for 20 percent of the world's daily oil shipments has
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really been central to Donald Trump's recent threats against the country.
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On the inside story podcast, we're discussing who is left to run Iran after the assassinations
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of several top leaders. Iran is still fighting the war, but will the government survive this conflict?
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Listen and subscribe wherever you get your podcasts.